Northam Platinum Limited - NUM and Northam reach a
NUM and Northam reach agreement
The National Union of Mineworkers (NUM) and the management of
Northam Platinum Limited are pleased to advise that they have
reached agreement on resolving the strike at Northam. Employees
are expected to return to work tonight, Monday 17 September.
In terms of the two-year substantive agreement, settlement has
been reached on an 11% increase on basic wages in the first year,
and 10% in the second year. Included in the agreement is an 18%
increase on wages for the lowest category employees in the first
year, with the intention of reaching a minimum basic rate of R2000
for underground employees by July 2002.
Management will make every effort to build up production as
quickly as possible, without losing sight however, of ensuring
that working areas have been made safe after having been at a
standstill for a five-week period.
Ends
Queries :
Marion Brower
Russell & Associates
Tel : +27 11 880 3924
Fax : +27 11 880 3788
Cell : +27 82 895 0698
Email: marion@rair.co.za
NUM
Archie Palane
Cell : +27 82 804 9160
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